- Tue. May 27th, 2025
Judgement on admission of claim after Approval of Resolution Plan
Application No I.A. No. 525/2019 in CP. IB-1059/(ND)/2018 Applicant Mr. Gulshan Sethi Respondent Resolution Professional Subject Section 60(5) of the Insolvency and Bankruptcy Code, 2016 Order Date 23.07.2021 Case Summary…
Introduction of “On-Device wallet” – UPI Lite for Small Value Transactions
March 16, 2022 To, All UPI Member Banks Dear Sir/Madam, UPI has become one of the most preferred digital payment mode for Indian citizens because of ease and convenience, superior…
Revision in Orders Per Second limit for algorithmic trading in Commodity Derivatives Segment of the Stock Exchange
March 17, 2022 The Managing Directors / Chief Executive OfficersOf All Exchanges having Commodity Derivatives Segment Sir / Madam, SEBI had issued broad guidelines on algorithmic trading for Commodity Derivatives…
Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form 10-IC for Assessment Year 2020-21
Section 115BAA of the Income-tax Act, 1961 (the Act) was inserted by the Taxation Laws (Amendment) Act, 201 9 w.e.f. 01.04.2020. As per the Section, the income-tax payable in respect…
Relaxation from the requirement of electronic filing of application in Form No.3CF for seeking approval under section 35(1 )(ii)/(iia)/(iii) of the Income-tax Act,1961 (the Act)
New Delhi, Dated 16th March 2022 On consideration of difficulties in electronic filing of Form No.3CF as stipulated in Rule 5C (1A) and Rule 5F(2)(aa) of the Income-tax Rules, 1962…
INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2021-22 UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961.
North Block, New DelhiDated the 15th March, 2022 Reference is invited to Circular No. 20/2020 dated 03.12.2020 whereby the rates of deduction of income-tax from the payment of income under…
Discontinuation of usage of pool accounts for transactions in the units of Mutual Funds : Clarifications with respect to Circulars dated October 4, 2021.
March 15, 2022 ToAll Recognized Stock Exchanges and Clearing CorporationsAll DepositoriesAll Mutual FundsAll Asset Management Companies (‘AMCs’)All Trustee Companies/ Boards of Trustees of Mutual FundsAll Registrar to an Issue and…
Communique Newsletter – Volume 1.8
15.3.2022 Newsletter : https://drive.google.com/file/d/1q_EBS-TXaRVGpzGL-RwLW869-ZS3hiUo/view?usp=sharing
What are the revised norms for residency
An individual who is a citizen of India who is not liable to tax in any other country or territory has total income, other than from foreign sources, exceeding ₹15…
Income tax : This home loan benefit cannot be availed after March 31
As per the income tax rules, from 1st April 2022, a home loan borrower will get two income tax benefits under Section 24(b) and Section 80C of the Income Tax…